Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$994,450$994,450$1,305,000
Remaining term (yrs)26.426.430.0
Secondary amount$0$310,550$0
Funding fee$4,972$4,972$0
Note rate6.330%6.330%7.320%
Blended rate6.330%6.668%7.560%
1st payment$6,457.67$6,457.67$8,964.44
2nd payment$0.00$2,005.64$0.00
Taxes / mo$1,208.33$1,208.33$1,208.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$261.00
HOA / mo$575.00$575.00$575.00
Total monthly$8,457.67$10,463.31$11,225.44
Cash to close$455,550$145,000$145,000